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45417 11th Street W, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 1 bath

45417 11th Street W, Lancaster, California 93534 home-pic-0
ACTIVE$385,000$1,455/sqft
Est. Value: $308,857
-19%
AboveEstimate
45417 11th Street W, Lancaster, California 93534
3Beds
1Bath
1,455Sqft
7,299Lot

Price Vs. Estimate

The estimated value ($308,856.99) is $76,143.01 (19%) lower than the list price ($385,000). This property may be overpriced.

Key pros and cons

Top Pros:
Flexible Living Options: The property features a flexible bonus area with its own private entry, offering versatile use for guests, a home office, or extended household needs.
Top Cons:
Older Property Requiring Updates: Built in 1955, the property is older and likely requires significant modernization of systems, finishes, and overall aesthetics to meet contemporary standards.

Compared to the nearby listings

Price:$385.0K vs avg $422.0K ($-37,000)27%
Size:1,455 sqft vs avg 1,429 sqft54%
Price/sqft:$265 vs avg $30234%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, this property shows significant age and neglect. The kitchen features extremely outdated pink/peach cabinets, old hardware, and laminate countertops, requiring a complete overhaul. The bathroom is similarly dated with pink tiled walls and an older tub. Flooring consists of worn, patterned carpet and old laminate. The heating system appears to be wall-mounted, indicating a lack of central HVAC. The overall condition suggests substantial repairs and rehabilitation are needed to bring it to modern living standards, aligning with the 'poor' category.
Year Built
1955
Close
-
List price
$385K
Original List price
$385K
Price/Sqft
$265
HOA
-
Days on market
-
Sold On
-
MLS number
SR25133340
Home ConditionPoor
Features
ViewNeighborhood

About this home

Welcome to this Lancaster single-story home offering flexibility and potential on a generous lot. Situated on a tree-lined street in an established community known for its mix of long-time residents and new opportunities, the property features a wide driveway and detached two-car garage with ample parking and space for gardening, entertaining, or future enhancements. A flexible bonus area with its own private entry connects to the main home, creating options for guests, home office, or extended household needs. The garage may offer future potential for ADU conversion (subject to city/county approval). The front yard includes mature trees and sprinklers, while the spacious backyard provides a blank canvas for landscaping ideas. This home presents an excellent opportunity to personalize and add value in a well-located neighborhood — ideal as a primary residence or investment with future potential.

R
Robert Zaldana
Listing Agent

Nearby schools

3/10
Desert View Elementary School
Public,•K-6•0.5mi
3/10
Piute Middle School
Public,•6-8•1.5mi
2/10
Antelope Valley High School
Public,•9-12•1.3mi
Condition Rating
Poor
Built in 1955, this property shows significant age and neglect. The kitchen features extremely outdated pink/peach cabinets, old hardware, and laminate countertops, requiring a complete overhaul. The bathroom is similarly dated with pink tiled walls and an older tub. Flooring consists of worn, patterned carpet and old laminate. The heating system appears to be wall-mounted, indicating a lack of central HVAC. The overall condition suggests substantial repairs and rehabilitation are needed to bring it to modern living standards, aligning with the 'poor' category.
Pros & Cons

Pros

Flexible Living Options: The property features a flexible bonus area with its own private entry, offering versatile use for guests, a home office, or extended household needs.
ADU Conversion Potential: The detached two-car garage presents future potential for Accessory Dwelling Unit (ADU) conversion, subject to city/county approval, which could provide additional income or living space.
Generous Lot & Outdoor Space: Situated on a generous 7,299 sqft lot with a wide driveway, ample parking, and a spacious backyard, providing significant potential for gardening, entertaining, or future enhancements.
Established Community Location: Located on a tree-lined street in an established community, known for its stability and mix of long-time residents, enhancing its appeal as a primary residence or investment.
Significant Value-Add Potential: The home offers an excellent opportunity to personalize and add value, appealing to buyers looking to customize their living space and build equity.

Cons

Older Property Requiring Updates: Built in 1955, the property is older and likely requires significant modernization of systems, finishes, and overall aesthetics to meet contemporary standards.
Requires Substantial Investment for Customization: Described as a 'blank canvas' and an 'opportunity to personalize,' indicating that the property is not move-in ready and will necessitate additional investment for renovations and upgrades.
Listing Price Exceeds Estimated Value: The current listing price of $385,000 is 13% higher than the estimated property value of $334,434.84, suggesting it may be overpriced relative to current market estimations.
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